Global Beta-Alanine Market Growth 2023-2029

Global Beta-Alanine Market Growth 2023-2029

Beta-alanine is a white powder, dissolved in water, soluble in methanol and ethanol, insoluble in ether and acetone. And it is a non-essential amino acid and is the only naturally occurring beta-amino acid. Beta-alanine is widely used as nutrition supplements. It is a naturally occurring nonessential amino acid used to increase intramuscular muscle carnitine (not to be confused with carnitine), which plays a role in the ability of muscle tissue to contract. It can be used in pharmaceutical, food and feed additives, etc.
LPI (LP Information)' newest research report, the “Beta-Alanine Industry Forecast” looks at past sales and reviews total world Beta-Alanine sales in 2022, providing a comprehensive analysis by region and market sector of projected Beta-Alanine sales for 2023 through 2029. With Beta-Alanine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Beta-Alanine industry.
This Insight Report provides a comprehensive analysis of the global Beta-Alanine landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Beta-Alanine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Beta-Alanine market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Beta-Alanine and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Beta-Alanine.
The global Beta-Alanine market size is projected to grow from US$ 74 million in 2022 to US$ 103 million in 2029; it is expected to grow at a CAGR of 103 from 2023 to 2029.
At present, the major manufacturers of beta-alanine are concentrated in Yuki Gosei Kogyo, Xinfa Pharmaceutical, Wuhan Microsen Technology, Yangzhou Baosheng Bio-Chemical, etc. Xinfa Pharmaceutical is the world leader, holding 24% production market share.
China is the largest consumption place, with a consumption market share nearly 62%. Following China, Japan is the second largest consumption place with the consumption market share of 34%.
This report presents a comprehensive overview, market shares, and growth opportunities of Beta-Alanine market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Food-Grade Beta-Alanine
Pharmaceutical-Grade Beta-Alanine
Feed- Grade Beta-Alanine
Others
Segmentation by application
Health Care Products
Food Additives
Pharmaceutical
Feed Additives
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Yuki Gosei Kogyo
Xinfa Pharmaceutical
Wuhan Microsen Technology
Yangzhou Baosheng Bio-Chemical
Huaheng Biotech
Haolong Biotechnology
Zhangjiagang Specom Biochemical
Huachang Pharmaceutical
ShangHai HOPE Industry
Sanhuan Chem
Shandong Yangcheng Biotech
Key Questions Addressed in this Report
What is the 10-year outlook for the global Beta-Alanine market?
What factors are driving Beta-Alanine market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Beta-Alanine market opportunities vary by end market size?
How does Beta-Alanine break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.